President Kagame holds talks with World Bank delegation #rwanda #RwOT

webrwanda
0

"Their discussions highlighted the strong partnership between Rwanda and the World Bank across key sectors that contribute to Rwanda's development priorities," the Office of the President said.

The World Bank has been a major partner in financing multi-million-dollar projects in Rwanda, supporting initiatives that enhance disaster resilience, urban mobility, and other critical sectors.

Last month, the World Bank approved $141 million (approximately Frw 205 billion) to strengthen Rwanda's disaster response capabilities. The funding aims to support national efforts in managing disasters and building resilience, ensuring quicker access to emergency resources, and bridging gaps in funding for affected communities.

Authorities highlighted that such support is vital, given that disasters like floods, landslides, and earthquakes cost the country about $145 million annually and have historically reduced Rwanda's GDP by up to 1.75 percent over the last decade.

In July 2025, Kigali also received a $100 million boost from the World Bank to transform its urban transport system through the Rwanda Urban Mobility Improvement (RUMI) Project.

The initiative focuses on creating a greener, safer, and more inclusive public transport network, including the development of the Nyabugogo multimodal transit hub, dedicated bus lanes, expanded sidewalks and cycling paths, and the deployment of electric buses. The project is expected to improve access to jobs and services, particularly for women and youth, while promoting climate resilience in the capital.

Through scuh partnerships, the World Bank has played a pivotal role in advancing Rwanda's Vision 2050 and National Strategy for Transformation 2 (NST2), supporting projects that contribute to the country's sustainable growth and long-term development.

President Kagame met with a World Bank delegation led by Ndiamé Diop at Urugwiro Village on Wednesday, 19 November 2025.
The World Bank has been a major partner in financing multi-million-dollar projects in Rwanda, supporting initiatives that enhance disaster resilience, urban mobility, and other critical sectors.

IGIHE



Source : https://en.igihe.com/news/article/president-kagame-holds-talks-with-world-bank-delegation

Post a Comment

0Comments

Post a Comment (0)